The Project PICO MACHAY is in ADVANCED DISCOVERY stage. Mining Property in PERU Province of HUANCAVELICA : Ownership, location, history, geology, maps, reserves and resources, related press releases

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Pico Machay Project

Pico Machay

Country

Peru

Province

Huancavelica

Close to

Lima

Status

ADVANCED DISCOVERY

Surface

18 km² / 4,448 acres

Number of claims

Latitude / Longitude

13 S 2 / 75 W 13

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Produces

Develops

Explores for

Gold -

Last updated on 3/26/2010 - Terms of Use

Risk and valuation analysis of the Pico Machay Project

Status Risk : Advanced discovery

Country Risk : Important

Link to technical report

Title(s) of the Pico Machay Project

Pan American Silver Corp.
Owner: 100%


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Aquiline’s wholly owned subsidiary, Minera Calipuy SAC currently has an agreement with Monterrico Metals PLC to earn up to a 75% interest in the Pico Machay gold project. On July 14, 2009, Aquiline announced it had signed a Letter of Intent ("LOI") to purchase the remaining 25% from Monterrico, thereby allowing Aquiline to proceed with final permit application.

Location of the Pico Machay Project
The Pico Machay gold project is located in Huancavelica province Peru. Approximately 450 kms south east of Lima. 13 degrees south, 75 degrees 20 minutes west. Nine hours by drive from Lima

Geology of the Pico Machay Project
The Pico Machay Project is a high sulphidation gold system, located in South Central Peru within the Calipuy volcanics. It forms part of a series of deposit types, which are abundant in Peru and Chile and are amongst the most sought after gold projec more...

Exploration and drilling

11/19/2007	(Absolut Res.)Drill Out Completed at Pico Machay Plus Positive Metallurgy ...
10/23/2007	(Absolut Res.)Cuts 59.5 Meters @ 2.52 g/t Gold at Pico Machay

Discoveries and Drilling Results

10/13/2009	(Aquiline Res.)Updated Resource for Pico Machay Gold Project
9/26/2007	(Absolut Res.)cuts 75 meters @ 1.39g/t Gold at Pico Machay

Location

Data last updated on : 10/13/2009

Disclaimer
All information on this page comes from internal and external sources deemed reliable. This information might not be up to date, so please perform due diligence before making any conclusion or making any action. Do contact us should any information be missing or incorrect.